Shenzhen Invt Electric boosts capital, expands financial operations

Shenzhen Invt Electric’s registered capital is increasing from RMB 813,150,820 to RMB 822,740,600 following equity incentive exercises and restricted stock grants. This adjustment necessitates an amendment to the company's Articles of Association.

In conjunction with this capital adjustment, the company is expanding its financial strategies by implementing a RMB 500 million asset pool and bill pool business to enhance liquidity and asset management. Additionally, Shenzhen Invt Electric is engaging in foreign exchange derivative transactions, with a maximum transaction value of RMB 50 million in collateral, to hedge against currency and interest rate risks.

Further enhancing its financial flexibility, the company will conduct up to RMB 500 million in accounts receivable factoring and secure up to RMB 200 million in financing lease transactions. These measures aim to optimize the capital structure and meet operational needs, while also utilizing up to RMB 500 million in idle funds for low-risk bank wealth management products.